ConEd Insiders Discharge Shares

Two insiders of the utility have sold $4.32 million in stock so far this week.

Two Consolidated Edison insiders find that shares of the New York utility company have charged up enough to sell.

On Monday Eugene McGrath, a director since 1997 and a former ConEd chairman and chief executive, sold 70,000 shares in the open market for nearly $3.36 million after acquiring them through options. The...